The latest news and information about startups and innovations from the mobile world.
Talked to CNN’s Sherisse Pham on Wednesday on the TikTok acquisition situation.
I think whatever happens to TikTok, it will change the course of China-US tech history. I don’t think any American would blame Kevin Mayer for quitting, but I do what to emphasize - leader don’t quit.
A leader cannot jump ship in the most critical time for a company.
Good luck to Vanessa Pappas (former Global Head, Creative Insights at YouTube) now running one of the most impactful platforms in the world.
Walmart is an American company known for its big box retail stores selling every day goods, casual clothing, groceries and TVs. That is a far cry from the youthful culture of teens that flock to TikTok for entertaining dance videos, lip syncing performances and comedy routines.
Vanessa Pappas, currently general manager of TikTok, will become interim head, according to a letter to the company’s employees. The former Disney executive made the decision to leave after President Donald Trump ordered a ban on TikTok unless ByteDance sold its US assets to an American company within 90 days, the people briefed on the matter added.
Epic Games’ mobile titles have been downloaded more than 159 million times across Apple’s App Store globally, generating approximately $1.2 billion in consumer spending since 2012.
“[Apple has] this unique stranglehold as a gatekeeper on what gets on phones,” Zuckerberg said to more than 50,000 employees via webcast. He added that the Cupertino, California–based company’s app store “blocks innovation, blocks competition” and “allows Apple to charge monopoly rents.”
Visa said it has developed a more advanced artificial intelligence system that can approve or decline credit and debit transactions on behalf of banks whose own networks are down.
According to new numbers out of Gartner, worldwide sales dropped 20.4% for the second quarter. The numbers are in keeping with the drops seen in Q1. The culprit is, of course, COVID-19. Global lockdowns and slowed economies have led to further decreasing interest in smartphones. As many users have shifted disposable income to upgrading their home offices, they’ve understandably deprioritized mobile devices, accelerating recent trends.
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